Auto insurance protects you from costs incurred as a result of an accident. There are several different types of insurance you can get on your vehicle, and some types protect you and/or your property while others are designed to protect the other driver. If you live in the United States, you are required to have at least a minimum amount of coverage. The minimum coverage varies from state to state, and you may be subject to fines and other repercussions if you fail to comply with your state's car insurance laws.

Different levels of coverage within a policy include: bodily injury liability, property damage liability, medical payments coverage, underinsured or uninsured motorist coverage, comprehensive coverage, and collision coverage.http://www.carinsurance.com/Articles/content27.aspx

The auto insurance industry grew from a need for protection from economic devastation arising from injury or damage caused by the use of the automobile. It has its roots in mariner's insurance, which protected against financial loss. Most of the states in the US require mandatory insurance, and the insurance laws are a form of tort law which fall under civil personal injury laws.http://www.randomhistory.com/1-50/022insurance.html

Insurance premiums can vary significantly from individual to individual, as well as from insurer to insurer. Generally, you can expect to pay less for your auto insurance if you are over the age of 25, have a history of responsible driving, and do not have full coverage on an expensive vehicle.http://www.insurance.com/auto-insurance/auto-insurance-basics/8-things-you-should-know-about-auto-insurance.aspx